Barclays: European portfolio trading to hit 18% in three years
Portfolio trading share in Europe’s investment grade market could get closer to that of the US from its current 10–12% level in volume to...
ESMA confirms launch of bond CTP in 2025
The European Securities and Markets Authority (ESMA) has confirmed consolidated tape providers (CTPs) will be selected by the end of next year, pushing the...
CUSIP issuance up YoY, but March decline signals concern
Year-to-date CUSIP issuance, which is indicative of new debt securities being issued, has increased year-to-date against 2024 figures, according to CUSIP Global Services (CGS).
Its latest...
What bond traders need to know about today’s TP ICAP / Liquidnet deal
Broker dealer TP ICAP has agreed to buy block-trading market operator Liquidnet, with Nicolas Breteau, CEO of TP ICAP, putting the growth of Liquidnet’s...
Swissquote sees jump in fixed income revenues in H1 on higher rates
Swissquote has seen its cash and fixed income revenue in H1 2023 increase markedly, helping the firm record a pre-tax profit of CHF124.9 million...
IDX 2024: Buy-side strategies and derivatives benefits
During the ‘View from The Buy Side’ fireside chat at this year’s International Derivative Expo conference, Joseph Davidson, managing partner at Fulcrum Asset Management,...
UBS Switzerland completes Credit Suisse (Schweiz) AG merger
UBS has completed the merger of UBS Switzerland AG and Credit Suisse (Schweiz) AG, with the latter now deregistered from the Commercial Register of...
Worsening credit conditions battle improving trading capabilities
Both defaults and rerating of bonds are more likely in a high rate environment, and for trading desks this means finding efficient ways to...
Jamie Crank promoted at ASX
ASX has appointed Jamie Crank as group executive for technology and data, effective 9th September.
The appointment follows “an extensive external and internal search process”,...
The Federal Reserve faces legal challenge over stress tests and their implication on capital...
As an early Christmas present, major banking and business associations filed a lawsuit on the 24th of December against the Federal Reserve System's Board...
In pictures: Government bond market liquidity costs spike
Both volume and bid-ask spreads have blown out in the UK government bond (Gilt) market, as seen in the latest TraX data from MarketAxess, which...
ESMA confirms data headaches for non-equity instruments
Trading venues and approved publication arrangements (APAs) – or post-trade data aggregators – are not always complying with the requirement to make available data...
